Microsoft has just announced that all Xbox One 500GB consoles are priced at just $249 in the U.S. The discount is available for a "limited time". This move is likely due to Microsoft wanting to clear the inventory of all the older 500GB Xbox One consoles before the upcoming smaller Xbox One S launches.

The 2TB version of the Xbox One S is scheduled to launch in early August for $399, but the launch dates for the $299 500GB version and the $349 1TB version have not been revealed.

Treat yourself to a great deal this summer! Xbox One 500GB consoles are now only $249 while supplies last. 

This means any 500GB Xbox One console is $249, including the Gears of War: Ultimate Edition bundle, the Special Edition Quantum Break bundle with white console, and the Name your Game bundle, which allows you to choose a full game download of one of four blockbuster titles: Forza Motorsport 6, Rise of the Tomb Raider, Gears of War: Ultimate Edition, or Rare Replay. 

With blockbusters like Gears of War 4, Forza Horizon 3, ReCore, and Madden NFL 17 on the way, a growing number of Xbox 360 classics playable on Xbox One, and Xbox Live, the most advanced multiplayer network, everything you love about summer is even better with Xbox One.